ECET
Open bankruptcyA bankruptcy procedure is open for ECET according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-18k) and a net result of €-163k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
13 d late
2022
63 d late
2021
72 d late
2020
60 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-163k
2023 · €4k
2018: €1k
2019: €-48k
2020: €11k
2021: €233
2022: €7k
2023: €4k
2018 → 2024
Working capital
€-19k
2023 · €119k
2018: €135k
2019: €67k
2020: €117k
2021: €113k
2022: €116k
2023: €119k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€133k-€133k▲ 0.2%€141k▲ 5.5%€144k▲ 2.7%€-18k
Operating result€9k-€8k▼ 15.3%€9k▲ 17.5%€5k▼ 41.1%€-140k
Net result€11k-€233▼ 97.9%€7k▲ 3,035%€4k▼ 48.4%€-163k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €140k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€2k▼ 94.0%
Current assets
€34k▼ 80.3%
Key figures and ratios
EBITDA
€-140k▼
2023 · €7k
Cash flow
€-163k▼
2023 · €5k
Solvency
-50.4%▼
2023 · 71.6%
Current ratio
0.64▼
2023 · 3.14
Quick ratio
0.48▼
2023 · 1.83
Debt / equity
-2.98▼
2023 · 0.40
ROA
-452.8%▼
2023 · 1.9%
Interest coverage
-6.23▼
2023 · 5.70
Debt
€54k▼
2023 · €57k
Debt ≤ 1 year
€53k▼
2023 · €56k
Income taxes
€498▼
2023 · €518
Staff costs
€22k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€202k€36k▼
Fixed assets21/28€27k€2k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€25k€585▼
Current assets29/58€174k€34k▼
Stocks and contracts in progress3€73k€9k▼
Stocks30/36€73k€9k▼
Amounts receivable within one year40/41€98k€10k▼
Trade receivables40€90k€0▼
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€1k€10k▲
Equity and liabilities
Total equity and liabilities10/49€202k€36k▼
Equity10/15€144k€-18k▼
Contributions10/11€175k€175k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-32k€-195k▼
Amounts payable17/49€57k€54k▼
Amounts payable within one year42/48€56k€53k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€16k€32k▲
Suppliers440/4€16k€32k▲
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€29k€17k▼
Accrued charges and deferred income492/3€2k€760▼
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€8k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€27▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€9k€126k▲
Non-recurring operating charges66A€83€135▲
Gross operating margin9900€24k€15k▼
Operating profit (loss)9901€5k€-140k▼
Financial income75/76B€24€72▲
Recurring financial income75€24€72▲
Financial charges65/66B€1k€22k▲
Recurring financial charges65€1k€22k▲
Profit (loss) for the period before taxes9903€4k€-162k▼
Income taxes67/77€518€498▼
Profit (loss) for the period9904€4k€-163k▼
Profit (loss) for the period to be appropriated9905€4k€-163k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-195k▼
Profit (loss) brought forward from the previous period14P€-36k€-32k▲
Social balance
Average headcount (FTE)90870.50.4▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · ECET SRL BOULEVARD D’AVROY 116, 4000 LIEGE 1 · event 09-10-2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-163k ▼4410%
Net result drops to €-163k, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 63 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 72 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boulevard d'Avroy 1164000 LiègeGround area
1,187 m²
Building footprint
259 m²
Volume, LiDAR
6,523 m³
2 parcels, Wallonia · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
L.H. Motorsport
since 20002.100.904.588
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803B0187/00F000 | Wallonia | 649 m² | 1 · 176 m² | 37.3 m · 12 fl. |
| 62016B0266/00H003 | Wallonia | 538 m² | 1 · 83 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN BODEUS QUAI DE ROME 19/8, 4000 LIEGE 1- |
09-10-2025 → present |
| Curator | JEAN-PHILIPPE RENAUD QUAI DES
ARDENNES 65, 4020 LIEGE 2 |
09-10-2025 → present |
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 6,380 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2000
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.